cubalagi

do you think HK's & China's economy will recover faster than the US, since they've experience with SARS?

Hi guys want to buy some stock for for good dividend yield for next 8 to 10 years. What are the stock can I buy

For country will recover first is japan and Korea continue with China Hong Kong.

Us will be last one.

Any good cheap platform that can buy in Malaysia.

China.. Yes. Already March preliminary PMI readings are showing recovery from Feb. They are also doing big stimulus programs in terms of infrastructure and tax breaks together with monetary easing. And low oil prices is good for China. But their export sector will still get hit tho..


HK - has other problems aside from covid-19.

try to have a look at HK REITs.

Japan - critics say they are under testing / too few testing per capita. Refuse to lock down as it'd slow down the economy.
China - critics say under-reported ...

US - Trump refuses to lock down or do anything that slows the economy.
Europe - hard to do anything since freedom is so important; like to hug and kiss.
Australia - depends on China for survival.

HK - is the protest still going on?

see above...

but HSBC was already in a crisis even before COVID19, right?

I'm not sure what the problem was though.
Can anyone update me?

Trade war, HK riots..

but why HSBC is particularly affected by the trade war and HK riots, and not other banks?

the protestors just smash HSBC branches?

Coz HSBC is the largest bank in HK.

the recent dip of HSBC due to announcement to halt dividend distribution. The halt because of Bank of England regulation.

Other bank also affected like StanChart.

For me HSBC is a good bargain now, many main shareholder from hong kong request HSBC HQ relocated back to HK instead of remain at London.

why Fortune Reit has such a low PB ratio? only about 0.43 ....

HSBC seems like keep dropping, never come back. HK people against this bank ?

Highest borrower to SG largest oil trade company which is in trouble now

The 3 largest banks in Spore in the same boat?

Edit; found the news article

https://finance.yahoo.com/news/banks-freeze...-222443389.html

This post has been edited by markedestiny: Apr 16 2020, 05:36 PM

Many big fund that rely on hsbc dividend switch to other dividend stocks due the objective of their fund and etc.

I would say they are more disappointed instead of against this bank.

Bank stock is not my favourite during crisis like this. But if someone want buy hsbc around 38 ish actually it is not that bad. But this probably need wait t longer

Is anyone holding 2800.HK in HKEX? That's one of my ETF holding in HK so be good to know how u guys feel.

Why u hold this ETF?

It replicates the Hang Seng index and is probably the biggest ETF in HKEX. So I guess safe and no surprises?

Yes, 2800 is the biggest and also the first ever ETF in Asia I think.

But "Biggest" shouldn't be the first reason for buying an ETF. And I'm not sure about "safe" and "no surprises" since we are talking about investing in HK which is always full of risk and suprises.

For me, the first and main reason I buy a particular ETF is because I hold a particular view of the future prospects of the underlying assets. Which is translated in the index performance tracked by the ETF.

For example, because of the massive money printing, debt and uncertainty globally, I think gold will perform well. So I looked for a Gold etf to invest in. There are a few choices of gold etf everywhere, and I will then choose one that is acceptable.

In this case, you are buying 2800, which is a HSI ETF. So do you think that HSI will perform well in the future and why?

This post has been edited by Cubalagi: May 3 2020, 08:30 PM

Gotcha bro.

The reason is because my investment first three principle "diversify, diversify, diversify", the next three is "low cost, low cost, low cost". So apart from ETFs in US, my second biggest bet is China-focused ETFs, since I can't buy A-shares directly, the next best thing is H-shares, but I am really bad at stock picking. Hence I just buy the whole basket! Also 2800.HK's component are 70% China companies, which I like.

I don't like HSI. As you said, it's 70% China. The other 30% is HK. And I'm rather bearish of HK future.

I prefer HSCEI compared to HSI, that's pure 100% China HK stocks. Look at 2828 for HSCEI exposure.

Or you can even go for direct A shares exposure via 2822 or 2823. This is A50. Good thing about A share is that as foreign investor have limited access, the correlation is very weak with global markets. Low correlation is good for diversification purpose.

I have owned HSCEI and A50 etfs over the years, going in and out. The main problem with HSI, HSCEI and A50, are the high concentration of banks in the indices. Same like KLCI and STI. I think current recession will cause banks to underperform.

They also don't have enough exposure to the new companies, Iike the US listed Chinese giant tech stocks like Ali Baba, JD.com, Baidu. And even HK listed Meituan Dianping (grab food, food panda of China). How can one claim to invest in China without exposure to these companies?

My view, to invest in China now, I rather go for the new economy types. My preference will be the smaller etfs eg:

2812: Global China new economy: US listed, HK listed and China mainland listed
3173: pure China mainland listed new economy. Lots of Chinese biotech and Healthcare exposure.

You maybe suprised to know that my main China exposure is via 0829EA on Bursa Malaysia. This is only US China stocks and HK China stocks, no A shares. So it's not like 2812 which has A shares, but it's wider in terms of industries. But important is cheaper transaction costs. But if I want to add my China exposure 3173 will be on my shopping list.

This post has been edited by Cubalagi: May 4 2020, 10:32 AM